The Essential Problem with Walgreen

A new store takes about 3 years to turn a profit. Some of the stores have taken less. The critics have said that they are over staturation because Walgreens wants to build a new store every square mile. they have proven the critics wrong. A customer will go to the closest Pharmacy. And after time each store will become profitable. The critics said this when they had 900 stores. As the stores mature they new stores being built go through maturity process and they will become profitable. They are also closing stores as they go along that are not makeing the mustard. They must continue to expand. or lose market share.

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